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Search Results 0 to 26 of about 27 (some duplicates have been removed)
CNBC
Oct 4, 2012 7:00pm EDT
the debate strategy tells you which campaign this they won last night and which did not win. mitt romney spoke on tv after the network newscasts had gone on the air. that forced the tv networks through the day and the evening broadcast this is evening to use pictures from last night's debate again and again. president barack obama, however, had two rallies including one in denver, colorado where he had sort of a chance to do a do-over from last night. take a listen. >> when i got onto the stage, i met this very spirited fellow who claimed to be mitt romney. but it couldn't have been mitt romney, because the real mitt romney has been running around the country for the last year promising $5 trillion in tax cuts that favor the wealthy. the fellow on stage last night said he didn't know anything about that. >> now larry, mitt romney is speaking this evening in virginia. we'll see both candidates in virginia and ohio over the next 24 hours. that will give viewers on television a chance to decide whether that was the real mitt romney last night or it was the real barack obama at the debate, l
CNBC
Oct 4, 2012 4:00pm EDT
. is this a romney rally following that debate last night or more so on the heels of commentary out of europe? top strategists will be weighing in on what was behind today's moves. some on the street are speculating that the rally has to do with the strong showing by governor mitt romney last night in the first presidential debate of the 2012 election. let's get to courtney reagan. she's breaking down the stocks today that moved or could have been moved in one direction or another as a result of that. over to you. >> thank you, maria. mitt romney did need to revis revitalize his campaign. it looks like he did it last night. wall street took some notice today. coal stocks, one of the big winners in today's trading after romney made this comment to president obama. >> by the way, i like coal. i'm going to make sure we can continue to burn clean coal. people in the coal industry feel like it's getting crushed by your policies. i want to get america and north america energy independent so we can create those jobs. >> if you're bullish on coal, you're going to like this. take a look at how we performed
CNBC
Oct 4, 2012 1:00pm EDT
of days mitt romney has to solidify the gains that he made last night. so how will the president and the markets respond? we'll be looking at that. >>> 767. that's the other number. google, all-time high in morning trade. see why a lawsuit may have given the stock its added pop and taking it up there to that airplane. that boeing number, 767. >>> and 1 billion. the number of monthly active users now using facebook. what's not to like? sue, the markets are liking something today. tell me what it is. >> they are, tyler. up across the board. we've been up since the opening bell. we'll get to why in just a second. >>> attorney general eric holder holding a news conference right now. it concerns major crackdown on medicare fraud. our senior correspondent scott cohn who covers that particular area in addition to many other things is joining us with the headlines. >> sue, it is something that we've been talking about a lot. this is amidst a three year crackdown on medicare and medicaid fraud by attorney general eric holder. more than $400 million in fraud alleged in today's operation. m
CNBC
Oct 4, 2012 11:00pm EDT
, huntington bank, u.s. bancorp or key. take a romney kicker any day of the week. throughout the night romney repeatedly claimed he was the real friend of small business. even as we know saying something bad about small business has become the new third rail of american politics. this comment is typical. >> there was a survey done of small businesses across the country. said what's been the effect of obama care on your hiring plans? and three quarters of them said it makes us less likely to hire people. >> all right. let's take him at face value for a moment. small business truly gets a boost if you elect romney, you need some paychex. the company's growth is in the hands of small business expansion. obama bears take note. you might be tempted to short paychex on the democratic victory. but remember, you have to pay that bountiful dividend if you short the stock. along the same lines, romney claimed that obama's policies are causing an increase in the use of food stamps. >> the proof of that is one out of six people in poverty. the proof of that is we've gone from 32 million on food stamps to
CNBC
Oct 4, 2012 6:00am EDT
? >> well, romney considered that path and he took that path, joe, and he tried to press his case last night. the challenge for him was to come out with the kind of aggression that could score for him while still being respectful for the president. and i think he met that challenge. he was on offense most of the time, put the president back on his heels on his record. and he challenged him directly. i thought the strongest moment that he had was when he directly challenged the president on his failure to cut the deficit over the last four years. and he cast that failure not just as a policy issue, but also as a moral issue. >> i think it's not just an economic issue. i think it's a moral issue. i think it's frankly not moral for my generation to keep spending massively more than we take in knowing those burdens will be passed on to the next generation. and they're going to be paying the interest and the principal all their lives and the amount of debt we're adding at a trillion a year is simply not moral. >> the president came back with arguments that were familiar trying to get governor rom
CNBC
Oct 4, 2012 3:00pm EDT
. we've had some guests who feel it has a lot to do with mitt romney's strong debate showing last night. eamon javers is in washington with the latest reaction to last night's action. eamon. >> hi, bill. the reviews are in for last night's presidential debate. not so good for barack obama. definitely good for mitt romney. a lot of folks concluding that romney had one of the stronger debate performances last night in presidential debating history, at least in recent memory. that's not good news for the president. you can tell how both these campaigns feel about their performance last night based on what they're doing today. we have not seen mitt romney out in front of television cameras so far today, but president obama hosted a rally in colorado today, giving him a chance to have almost a do over from last night's performance. take a listen. >> when i got on to the stage, i met this very spirited fellow who claimed to be mitt romney. but it couldn't have been mitt romney because the real mitt romney has been running around the country for the last year promising $5 trillion in tax cuts
CNBC
Oct 4, 2012 12:00pm EDT
of political color to all of this. look, i think that, you know, romney won last night. it isn't just that he won. obama lost with his performance. it brings him back as a credible candidate and he might win all of a sudden, whereas right before the elections everybody sort of wrote him off. so we have to look alt his policy proposals, and obama attacked romney for not having any, but actually on the fiscal side, he's getting pretty specific about favoring a cap on tax loopholes, and i think that's a great idea. i think it would, in fact, generate enough revenues to allow us to lock in on the bush tax cuts permanently. the question is whether the republican diehards who say no tax increase as whatsoever will sign up for that but we could have gridlock even if romney does win. >>> the stock which may be having its best week ever, plus one billion and counting. we'll get a status on facebook's budding friendships and what's in store for the nation's biggest retailers. we'll trade the newest monthly sales figures when halftime comes back. sometimes investing opportunities are hard to spot. you h
CNBC
Oct 4, 2012 4:00am EDT
and republican rival mitt romney met face to face last night in denver, colorado for their first u.s. presidential debate. it really focused mostly on the economy. with a mnt to onth to go before election, both men had to prove to voters that they're the right man for the country. john harwood got a firsthand view of the debate and filed this report from denver. >> the first of three presidential debates here at the university of denver was a strong one for mitt romney. he came out very aggressively in confronting president obama on his record over the last four years, taking on on the president over his failure to reduce the budget deficit, over job creation, over obamacare, over the regulation of wall street and dodd-frank. had some success in pulling the election back from a choice election as president obama wants to be about their visions going forward into a referendum on president obama's record in the first four years. mitt romney looked very comfortable and pleased to be on the stage. he knows that he only has a few weeks left to go to reverse president obama's lead. presi
CNBC
Oct 4, 2012 9:00am EDT
ticket to a better night's sleep >>> could be a romney bounce, could be jobless rising claims. whatever it is, futures are up across the board. cramer's "mad dash" is up next. one phillips' colon health probiotic cap each day helps defend against these digestive issues with three strains of good bacteria. approved! [ phillips' lady ] live the regular life. phillips'. and those well grounded. for what's around this corner... and the next. there's cash flow options from pnc. solutions to help businesses like yours accelerate receivables, manage payments, and help ensure access to credit. because we know how important cash flow is to reaching your goals. pnc bank. for the achiever in you. a short word that's a tall order. up your game. up the ante. and if you stumble, you get back up. up isn't easy, and we ought to know. we're in the business of up. everyday delta flies a quarter of million people while investing billions improving everything from booking to baggage claim. we're raising the bar on flying and tomorrow we will up it yet again. ♪ >>> now to kick off the thursday session, fi
CNBC
Oct 8, 2012 7:00pm EDT
romney and obama, and, of course, romney had a great debate night. is it go to bring a bigger turnout? does it help romney? >> it could bring a bigger turnout. i'm a big supporter of governor romney and i want to see him do wm. michigan is a poster child for what washington needs to do. washington is a mess. we've shown in michigan and some of the surrounding states that we know how to balance a budget and pay down liabilities and done tax reform. it's a great comeback story. we did that in a year and a half. there's no reason washington couldn't do the right thing with the right leadership. >> can can i ask one last question. you opposed this going on as a state constitutional right. i get that. where is collective bargaining now? is it good in some places, not good in others? how does it work now, and where would the changes be? >> well, that's one of the things, larry. when they talk about it, they call it collective bargaining proposal. it has it's role and place. i've done it successful twice now with state employee groups and it works well. what this would do is wipe out a whole
CNBC
Oct 5, 2012 7:00pm EDT
to be mitt romney. but i know it couldn't have been mitt romney. whoever it was that was on stage last night doesn't want to be held accountable for what the real mitt romney's been saying for the last year. he may do a tap dance and a two step, but if you want to be president, then you owe the american people the truth. >> all right. reince priebus, what is your response to that negative attack? >> well, i'm not sure if butt kickings are covered by obama care but he might want to look at that. this is like day-late zingers, let's huddle up in the morning and figure out how many we can remedy the bad performance from wednesday night. it's garbage. i mean, the person who was at the debate with 60 million viewers ready to go toe to toe and talk about details and specifics and take on the president was mitt romney. he was the only one that came with passion and heart and specifics. it was the president that was meandering and uninspiring and not willing to be there. if the president had something to say about it and had such great comebacks and great lines and wanted to challenge mitt romney, h
CNBC
Oct 2, 2012 7:00pm EDT
announcer ] humana. >>> welcome back. barack obama and mitt romney are ready for their first presidential debate. that will be tomorrow night, 7:00 to 8:00 p.m. polls show a close race. the nation ago average has obama leading romney 49-46. the economy is issue number one and whose plans are better for the middle class. to answer that we are holding our own debate right here on the kudlow report. we are joined by new jersey democratic congressman and jim gillmore to make the case for governor romney. there will be time to talk among your selves at my disgression. the first question is going to congressman big paskrel. 1.3% gdp 25 million people out of the workforce. mr. president, what is your solution to the prosperity and the recovery that continues to elude us? >> over the past 30 months we have had an increase in private sector jobs. but that is the direction we are going in. if you remember what happened before that, when the president raised his hand in january of 2009, we were losing 700 no,000 jobs a month. but the fact of the matter is we are going in the right direction now and
CNBC
Oct 3, 2012 8:00pm EDT
believe what we hear and what we've read in the last few days, this is the night for romney to hit a home run. he has a hit a home run. others said he needs to show himself as likable. i don't believe any of that. i think the choices in this election are so clear cut. what i'm looking for here is substance over form. we elected the likable guy in 2008. now we need to see that someone has a track record of performance in whatever it may be if you look at governor romney of course it's his state, it's the olympics, and of course it was his business experience. if we look at president obama, we've got to really look seriously at what's occurred over the last four years. in business as you both very clearly know, we rate people every year. we give them an appraisal. it's time to give president obama an appraisal. >> what do you want to hear from romney tonight to actually make that case to make sure accountability is there? >> i think governor romney actually needs to show us the strategy that i know that he has. i don't -- i'm not looking for nuts and bolts, maria. but this is the vision of
CNBC
Oct 3, 2012 4:00pm EDT
out with last night and this morning, mitt romney's only trailing by three points nationally. that's down from a five-point margin a couple weeks ago. he's 9/11 florieven in florida,. he still trails in ohio by five points. that's a big problem. he needs to win the state of ohio. that just shows he has an opportunity tonight. three other big economic issues they're going to be talking about, first of all, on taxes. mitt romney hasosed a 20% across the board rate cut for individuals, but he hasn't specified how he's going to pay for that without increasing the deficit or increasing the burden on middle and low-income workers. president obama will press him on that. by the same token, p obama says he wants to cut the corporate rate from 35 to 28. he hasn't specified how he's going to pay for that. on jobs, you can expect to hear mitt romney talk about on net since january 2009 when barack obama took office, hardly any jobs created. barack obama will talk about a time line beginning in early 2010. since then, 4 million private sector jobs have been created. finally, medicare, the big
CNBC
Oct 3, 2012 6:00pm EDT
. >> and your coach on the road to financial independence. "mad money," weeknights on cnbc. >>> big night on cnbc, not just because it's the first debate for romney and obama. it's because here on "mad money," it's wednesday. what do we play on wednesdays? you've got it. time to see about your pofrls. time to play ffd ffd. time to play "am i diversified?." we've gotten inundated with tweets. we have to go to them. this is from dimas 720. m mo,, pep, point guard, cop, nyb. i'm saying it's highly unlikely. procter & gamble, uh-oh, pepsi, consumer products company. altria, conoco phillips, new york community, high-yielding financial. keep altria. between pepsi and procter, keep pepsi. we're going to put in a health care company. at this point i'm going a little aggressive. go celgene. let's go to ed in new york, please. ed? >> caller: hey. >> hey. modern portfolio. it's a modern portfolio. i have popeye's. i love the red beans and rice. aig is my favorite financial. michael kors is the terrific apparel company where they still charge $200 even at the outlets. dynavax. and facebook is not doi
CNBC
Oct 4, 2012 5:00pm EDT
, i think there are a couple of things you should think about what was stated last night. the republicans focus on cost and that is what romney was saying. i think it is different on the democratic side. they are talking about access before cost. i think the second point is the how. the how is the quarterback will be the private industry and it is the insurance industry. on the democratic side it is big government and debt pan ets or whatever you want to call it. so, that is the frame against which you should think about your investment decisions. nn in my space you should be over managed care. that is the quarterback i talked about. i would be under with medical e devi devices. the paying patients coming in from obamacare would be fewer. >> is there anywhere that you think isn't priced for edger romney or obama victory? like say the records company? are those already priced to perfection regardless of who wins? health it, the stimless package in 09 funded up held ith it. we have seen strong performers. that should continue to do fine. pharmaceuticals are less to the ele
CNBC
Oct 2, 2012 3:00pm EDT
know you're getting ready for the big debate tomorrow night between the president and mitt romney. i want to ask you about politics and investing. first, what do you think about this market? what are you hearing from clients? you think we're going to continue to see chasing of high beta stocks or has this market gotten tired? >> our clients are scared. what we're hearing first and fare mo foremost is a lot of uncertainty. is europe going to melt down? are we going to have a fiscal clif cliff in the u.s.? is israel going to bomb snooirn on top of that, they're hearing the dysfunctional politics from the u.s. election. they're hearing president obama does not have the answer. they hear from the other side that neither does mitt romney. they're scared. so many of our clients have actually been on the sidelines. this has been a relatively low volume rally. i think it still has legs. i think multiples are reasonable and there's still room to go. >> that's what we have pondered here lately, dick. is this sort of stealth rally, as i called it before -- here we sit near 5 1/2 rear hiyear hig
CNBC
Oct 5, 2012 6:00am EDT
stocks took a big hit yesterday after mitt romney's strong performance in wednesday night's presidential debate. i looked at a couple. author of the book health care investing, he were of currently fund manager at a investing company with a focus on health care. >> yeah. >> they did come back by the end of the session yesterday to some extent. what was the rationale that if romney gets in, obama care goes, so people will go back to the emergency room where the -- someone pays for it, but the hospitals get hurt anyway. >> right. simplistic trader thing. obama loses, obamacare goes away, 30 million all show up at the hospital and don't pay the bills. >> and the hospitals, they're results over thes past 0 years have been negatively impacted so-tsto what extent? >> it's changed over time. it's gotten worse as people have had to pay more of their insurance bills, but something like 1300, 1400 basis points of uncompensated care. >> we know that -- what is the percentage before obamacare of people covered in the u.s.? is it 80% by some insurance? >> it's been going down since way before obama.
CNBC
Oct 1, 2012 7:00pm EDT
, come back to you. do you think mr. romney should put this foreign policy leadership quotient or lack thereof into wednesday night's debate. i mean there's economic policy quotient that's going to be very important on leadership, what about foreign policy? >> yeah i think the lack of leadership in foreign policy shows itself in domestic policy. the president needs to be the president. he needs to be able to guide the nation, you can't do one without the other. if he has a policy of appeasement in foreign policy, that's going to bleed over into domestic policy. i would think that it's a very legitimate issue to raise, the whole issue of presidential leadership, the commander in chief and trying to lead the nation during very desperate economic times. if you're not a courageous commander in chief, you're not going to be able to generate confidence in the country to follow you on your economic domestic policy. >> i think that paul ryan is right, i think the security apparatus, at least as regards the middle east, the intelligence apparatus, at least as regards to the middle east in team
CNBC
Oct 3, 2012 7:00pm EDT
stone is a romney doubter. bob costa, let me begin with you, buddy. president obama before this night is over is going to call him bush, he's going to talk about the 47%, he's going to talk about bain capital. it could get ugly. will mitt romney hold his cool and keep his temper in check? >> well, larry, i've been hanging out with romney world all day. romney's goal is two-fold. heap needs to be aggressive on policy but stay presidential and be likable. >> if mitt military comes out aggressive and i hope he does, i want him to take charge of this debate from the get-go, will he do it -- will he still be the gentleman mitt or are we going to see something that we haven't seen before that was cooked up by all the brilliant guys in his campaign is. >> he wants to be gentleman mitt to an extent. he does not want to get bogged down on distractions. if obama starts to bring up bain capital and tax returns, romney wants to stay on the big themes of the economy. >> supposed obama comes after romney on bain capital, romney is going to counter and say you know, what sir week do build our own bu
CNBC
Oct 5, 2012 9:00am EDT
of congress not being willing to work with the president. >> madam secretary, jim cramer. the other night governor romney talked about creating 4 million jobs by embracing an energy independence for north america. i have the ceo of the largest pipeline builder on my other show "mad money" last night. he said 4 million is reasonable, but the federal government is not being helpful. i know you favor all sort of energy, solar, fantastic. what do you say about the 4 million? >> actually, a say that we need to create more jobs across the board and particularly, highly skilled people to work in the refinery and production areas where we're finding more energy and we have to have a balance, so i'm totally for that. i encourage more a perennisship programs and training in that area. we have a high need for welders and people working in refineries and i'm all for paying for those jobs and looking at other alternative forms of energy and we have to have a balance of both. >> the unemployment rate falling below 8% for the first time since january 2009 and i'm sure the labor department was hearing ab
CNBC
Oct 2, 2012 1:00pm EDT
and governor mitt romney putting the finishing touches on their preparation before the big debate tomorrow night but will the debates make a big difference? brand new nbc news/"wall street journal" poll released just this minute looks at how closely people will be watching >> eamon javers in washington now with the latest. >> the stakes did just get a little bit higher for those debates in the presidential level this week. take a look at these results now from the new nbc news/"wall street journal" poll which we can bring you. the question asked to voters how important is the debate in picking a president? 38% staying is extremely or quite important. as you can see, that's higher than the respondents said in 2004 and in 2000. that's an interesting number but also interesting the folks who said it was somewhat or not at all important at 62%. that may be an indication that a lot of people in this country have already made up their minds, tyler. that might mean things are tough for those candidates who want to shake things up with this debate this week. >> very interesting. thank you very muc
CNBC
Oct 3, 2012 11:00pm EDT
," weeknights on cnbc. >>> big night on cnbc, not just because it's the first debate for romney and obama. it's because here on "mad money," it's wednesday. what do we play on wednesdays? you've got it. time to see about your port o portfolios are protected. time to play "am i diversified?." this is where you call me, you tell me your top five holdings and i tell you whether you need to diversify. we've gotten inundated with tweets. we have to go to them. this is from dimas720. i think i know a dmas who writes am i diversified, altria, trokter and gamble can, conoco phillips, big california boo-yah. mike dimas is from summit new jersey. procter & gamble, uh-oh, pepsi, consumer products company. altria, there's a match game thing going on there. conoco phillips, new york community, high yielding financial. keep altria. between pepsi and procter, keep pepsi. proctor is a work in progress although mr. mcdonald is doing much better. we're going to put in yes, a health care company. at this point i'm going a little aggressive. go celgene. let's go to ed in new york, please. ed? >> caller: hey. >>
CNBC
Oct 8, 2012 6:00am EDT
of the five worst job creation numbers in the last 60. >> what romney said on the stage wednesday night was we'd be bringing down rates but you shouldn't expect any type of a tax cut because he's going to get rid of deductions, too, so it would be revenue neutral. >> that is inconsistent with everything he said up to wednesday night. >> no. >> but number two, no, joe, it is. >> it's that non-partisan study found with all those assumptions they didn't have anything that he said so they made all these assumptions, ed. >> he said we would sign the ryan budget, the ryan budget calls for across the board 20% tax cut but hear me out. it's not the tax cut i'm focusing on. when you cut taxes, or leave the bush tax cuts in place, et cetera, and get rid of regulations, that's supposed to generate growth in the economy. well, let the record show in the last six years a60 years our te years of job creation occurred when the marginal tax rate was over 50%. >> oh my god. >> of the top 20 and you can look that up, joe. >> i know, but -- >> we had the best -- >> same unemployment rate for the eight years of c
CNBC
Oct 3, 2012 1:00pm EDT
't have to hurt mitt romney. he has to protect himself. >> hang on to the ball, no fumbles. john, amman, thank you. everyone, stay with cnbc. it is going to be a huge political night. larry kudlow will kick it off as usual with his program at 7:00. debate coverage rolls right out at 8:00, and goes right through with cnbc analysis. we want to hear from you. tweet us your thoughts on the election using the hash tag #cn #cnbc2012 for a chance to see your tweet in the ticker. >>> let's move over to seema mody for market flash. >> health care will be a big topic in detonight's debate. some talk and speculation that asstra zen ka is looking at potentially taking over forest labs. talk was sparked by a uk "guardian" article writing astrazeneca could soon launch a bid for forest labs. forest labs shares up around 1.5%. sue? >> it is now official -- t-mobile and metro pcs are indeed merging. under the deal, metro pcs shr s shareholders will get $4.09 a share and 26% worth of a stake in the company. move is aimed at helping t-mobile gain more customers, build out a next generation data network an
CNBC
Oct 5, 2012 4:00am EDT
spirited fellow who claimed to be mitt romney. but it couldn't have been mitt romney because the real hit romney has been running around the country for the last year promising $5 trillion in tax cuts that favor the wealthy. the fell wloe on stage last night said he didn't know anything about that. >> the president's vision is trickle down government and i don't think that's what america believes in. i see instead a prosperity that comes through freedom. >> president of the committee for responsible federal budget, director of the fiscal policy program, as well, and joins us now. have you heard anything -- have you heard enough of of a commitment from either side of the aisle that you thought might actually work? >> well, what we didn't hear was enough specifics. so i think the good news is that that debate, the discussion was clearly focused on the deficit and debt. which is the issue that we need to be talking about particularly as we go in to the election so that we have enough details about what we're going to do both to avoid the fiscal cliff and to do something about our mounting de
Search Results 0 to 26 of about 27 (some duplicates have been removed)